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    • Price cut: $141K (8/1)
    $1,849,000

    5 Salem Street, Portland, ME 04102

    4beds
    2,720sqft
    : 
    $11,318/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    2,613 Square Feet Lot
    $1,800,800 Zestimate®
    $680/sqft
    $-- HOA

    What's special

    Statement islandEnclosed backyardNatural gas rangeSoaring ceilingsMotorized blindsIntegrated storageCustom floating dining credenza
    Architecturally striking and newly custom-built, this extraordinary West End residence exemplifies contemporary luxury living on Portland's Peninsula. Designed to maximize sustainability, natural light and year-round comfort, the home features Therma-Steel insulated panels, Marvin windows, Boral cementitious and wood siding, Azek trim, soaring ceilings, translucent polycarbonate elements and a dramatic two-story light shaft that fills the home with natural light. At the heart of the home is a spectacular custom kitchen completed in 2026. Rift-cut oak cabinetry, integrated storage, a statement island, a paneled refrigerator, black granite countertops and backsplash, and premium Thermador appliances- including a newly added natural gas range- create a space that is as functional as it is stunning. Additional enhancements include an appliance garage and dedicated coffee station, a custom floating dining credenza, motorized blinds, and a newly installed washer and dryer. Spanning three thoughtfully designed levels, the residence offers three bedrooms, two and a half baths, and exceptional flexibility. Crowning the home is a sun-drenched winter garden- a top-floor retreat beneath skylights and a translucent roof system capturing natural light and glimpses of Casco Bay. Additionally, the ground level features a studio apartment with custom kitchen, laundry, full bath, private entrance and outdoor space- ideal for rental income, guests, or a home office/creative studio. Rare outdoor living spaces extend the interiors, offering six covered porches and an enclosed backyard. A climate-controlled garage is a rare Peninsula amenity. Perched in Portland's coveted West End, within walking distance of restaurants, the Old Port and the waterfront, this one-of-a-kind residence offers an extraordinary opportunity to own a modern architectural masterpiece in one of Maine's most desirable locations.
    46 days
    |
    1,542
    |
    40
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Peninsula Real Estate LLC

    Source: Maine Listings,MLS#: 1670068MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Balcony/Deck, Closet, Full Bath, Suite
      • Level: Second
      Bedroom 2
      • Features: Balcony/Deck, Walk-In Closet(s)
      • Level: Third
      Bedroom 3
      • Features: Skylight
      • Level: Third
      Bedroom 4
      • Features: Balcony/Deck, Full Bath, Laundry/Laundry Hook-up
      • Level: First
      Other
      • Features: Balcony/Deck, Full Bath, Laundry/Laundry Hook-up
      • Level: First
      Kitchen
      • Features: Eat-in Kitchen, Gas Fireplace, Kitchen Island
      • Level: Second
      Sunroom
      • Features: Four-Season, Heated, Skylight
      • Level: Third
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Gas Range, Refrigerator
      Features
      • 1st Floor Bedroom, In-Law Floorplan, Shower, Walk-In Closet(s), Primary Bedroom w/Bath
      • Flooring: Concrete, Tile, Wood
      • Windows: Double Pane Windows
      • Basement: None
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,720
      • Total interior livable area: 2,720 sqft
      • Finished area above ground: 2,720
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Other, 1 - 4 Spaces, Heated Garage, Tandem
      • Garage spaces: 2
      Accessibility
      • Accessibility features: Level Entry
      Features
      • Levels: Multi/Split
      • Patio & porch: Deck, Glassed-in Porch, Patio
      • Has view: Yes
      • View description: Scenic
      • Body of water: Casco Bay
      Lot
      • Size: 2,613 Square Feet
      • Features: City Lot, Neighborhood, Sidewalks, Landscaped
      Details
      • Parcel number: PTLDM057BK019001
      • Zoning: RN-4
      • Other equipment: Internet Access Available

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Structural Insulated Panels, Concrete, Other, Wood Siding
      • Foundation: Poured Concrete
      • Roof: Membrane,Metal,Other
      Condition
      • Year built: 2024

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: Water Heater, LED Light Fixtures, Other/See Internal Remarks
      • Water conservation: Air Exchanger

      Community & HOA

      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $680/sqft
      • Tax assessed value: $584,600
      • Annual tax amount: $17,166
      • Date on market: 7/2/2026
      • Exclusions: Alarm System

        Estimated market value

        $1,800,800

        $1.71M - $1.89M

        $6,334/mo

        Price history

        DateEventPrice
        8/1/2026Price change$1,849,000-7.1%$680/sqft
        Source: Maine Listings #1670068 Report a problem
        7/2/2026Listed for sale$1,990,000+24.4%$732/sqft
        Source: Maine Listings #1670032 Report a problem
        10/18/2024Sold$1,600,000$588/sqft
        Source: Maine Listings #1585936 Report a problem
        9/30/2024Pending sale$1,600,000$588/sqft
        Source: Maine Listings #1585936 Report a problem
        9/24/2024Price change$1,600,000-10.9%$588/sqft
        Source: Maine Listings #1585936 Report a problem
        7/22/2024Price change$1,795,000-9.1%$660/sqft
        Source: Maine Listings #1585936 Report a problem
        5/13/2024Price change$1,975,000-10.2%$726/sqft
        Source: Maine Listings #1585936 Report a problem
        4/15/2024Listed for sale$2,200,000+29.4%$809/sqft
        Source: Maine Listings #1585936 Report a problem
        7/27/2023Listing removed--
        Source: Maine Listings #1557521 Report a problem
        9/15/2022Listed for sale$1,700,000+900%$625/sqft
        Source: Maine Listings #1543181 Report a problem
        12/18/2018Sold$170,000-12.8%$63/sqft
        Source: Maine Listings #1357104 Report a problem
        7/26/2018Price change$195,000-13.3%$72/sqft
        Source: Portside Real Estate Group #1357104 Report a problem
        6/20/2018Listed for sale$225,000$83/sqft
        Source: Portside Real Estate Group #1357104 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,424 $584,600
        2023$8,424 +125.5%$584,600 +113%
        2022$3,736 +44.8%$274,500 +148%
        2020$2,580 $110,700
        2019$2,580 -4.9%$110,700 -8.3%
        2018$2,713 -17.2%$120,700 -20.3%
        2017$3,278 +2.6%$151,400
        2016$3,196 +2.3%$151,400
        2015$3,123 +3.1%$151,400
        2014$3,028 +3%$151,400
        2013$2,939 +3.2%$151,400
        2012$2,849 +2.9%$151,400
        2011$2,768 +3.1%$151,400
        2009$2,686 $151,400
        2008$2,686 +8.8%$151,400
        2006$2,469 $151,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: West End

        Getting around

        90 / 100
        Walker's Paradise
        50 / 100
        Good Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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